Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Buys 1,951 Shares of Leidos Holdings Inc (NYSE:LDOS)

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Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in Leidos Holdings Inc (NYSE:LDOS) by 8.1% in the 4th quarter, HoldingsChannel reports. The fund owned 26,146 shares of the aerospace company’s stock after purchasing an additional 1,951 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Leidos were worth $2,601,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Regentatlantic Capital LLC grew its stake in Leidos by 24.2% during the 4th quarter. Regentatlantic Capital LLC now owns 193,968 shares of the aerospace company’s stock valued at $18,988,000 after purchasing an additional 37,747 shares during the last quarter. US Bancorp DE grew its stake in Leidos by 9.1% during the 4th quarter. US Bancorp DE now owns 11,942 shares of the aerospace company’s stock valued at $1,170,000 after purchasing an additional 994 shares during the last quarter. Advisory Services Network LLC grew its stake in Leidos by 52.3% during the 4th quarter. Advisory Services Network LLC now owns 6,408 shares of the aerospace company’s stock valued at $626,000 after purchasing an additional 2,200 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Leidos by 14.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 50,185 shares of the aerospace company’s stock valued at $4,913,000 after purchasing an additional 6,223 shares during the last quarter. Finally, Sigma Planning Corp purchased a new stake in Leidos during the 4th quarter valued at about $227,000. 74.72% of the stock is owned by hedge funds and other institutional investors.

Shares of LDOS opened at $112.81 on Friday. Leidos Holdings Inc has a 52 week low of $59.73 and a 52 week high of $113.75. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $16.01 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 2.77 and a beta of 1.50. The stock’s 50-day moving average price is $102.92 and its 200-day moving average price is $90.66.

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Monday, March 16th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.21%. Leidos’s payout ratio is 31.05%.

Several analysts have weighed in on LDOS shares. Morgan Stanley boosted their price target on Leidos from $90.00 to $98.00 and gave the company an “equal weight” rating in a research note on Monday, December 23rd. Wells Fargo & Co boosted their price target on Leidos from $102.00 to $110.00 and gave the company an “equal weight” rating in a research note on Thursday, February 6th. SunTrust Banks reiterated a “positive” rating and set a $117.00 price target on shares of Leidos in a research note on Wednesday, February 5th. ValuEngine downgraded Leidos from a “hold” rating to a “sell” rating in a research note on Friday, January 3rd. Finally, Cowen restated a “buy” rating and issued a $111.00 target price on shares of Leidos in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. Leidos has an average rating of “Hold” and a consensus price target of $95.42.

Leidos Company Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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